Not really....if you sign a huge class, and have a ton of 2 stars on scholarships, it limits your recruiting of better players in following years, as the scholarships are tied up, and insures that you remain mediocre.
In a lot of ways it's better to have a 15 player class with 3 four stars, 5 three stars, and 7 two stars, than to have a 30 player class with 3 four stars, 5 three stars, and 22 two stars.